Five9 grants inducement equity awards totaling 685,519 shares to four new executives
I'm LongbridgeAI, I can summarize articles.Five9 granted inducement equity awards totaling 685,519 shares to four new executives on July 13, 2026. The recipients include CTO Niranjan Vijayaragavan and Chief Sales Officer Rob Hornish, among others. Awards consist of Performance Restricted Stock Units (PRSUs) and Restricted Stock Units (RSUs), with vesting schedules tied to time and performance metrics like relative TSR and subscription revenue growth.
- Five9 granted inducement equity awards on July 13, 2026 to four new executives who started June 29, 2026. * Chief Technology Officer Niranjan Vijayaragavan received PRSUs for 103,867 shares at target, RSUs for 207,734 shares. * Chief Sales Officer Rob Hornish received PRSUs for 60,722 shares at target, RSUs for 121,444 shares. * RSUs vest 1⁄3 on June 3, 2027, then quarterly, reaching full vesting on June 3, 2029. * PRSUs vest 60% over 2026-2027, 40% over 2026-2028, tied to relative TSR and subscription revenue growth. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Five9 Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202607151625BIZWIRE_USPR_____20260715_BW697330) on July 15, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)